Guardian Capital Group (TSE:GCG.A) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Guardian Capital Group Limited (TSE:GCG.A) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$41.99 and traded as low as C$39.48. Guardian Capital Group shares last traded at C$40.71, with a volume of 13,898 shares changing hands.

Analyst Ratings Changes

GCG.A has been the topic of several analyst reports. Scotiabank cut their price target on Guardian Capital Group from C$56.00 to C$55.00 in a research report on Monday, March 10th. BMO Capital Markets increased their price target on Guardian Capital Group from C$50.00 to C$51.00 in a research report on Thursday, December 19th.

Guardian Capital Group Price Performance

The stock’s fifty day moving average price is C$43.68 and its 200-day moving average price is C$41.98. The firm has a market cap of C$896.80 million, a price-to-earnings ratio of 16.61, a P/E/G ratio of -22.04 and a beta of 1.11. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 14.28.

Guardian Capital Group Company Profile

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio.